Western GeoPower Corp.

Western GeoPower Corp.

September 12, 2007 09:00 ET

Western GeoPower Corp.: Asgeir Margeirsson Appointed Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Western GeoPower Corp. (TSX VENTURE:WGP)(FRANKFURT:WE6), a renewable energy development company, announces the appointment of Asgeir Margeirsson, CEO of Iceland-based Geysir Green Energy ("Geysir"), to the Board of Directors. Geysir recently acquired approximately 19% of the common shares of Western GeoPower.

Asgeir Margeirsson has been at the forefront of the Icelandic energy business for several years, both domestically and abroad. From 2000 to early 2007, Mr Margeirsson was Deputy CEO and Director of Production and Sales at Reykjavik Energy Company, where he was responsible for power plant and well field operation, new construction, development of new power projects, sales and foreign operations. Prior to 2000, Mr Margeirsson worked as Technical Director of Iceland Drilling, where he was responsible for corporate development and operation of drilling projects in Iceland. He also worked as Managing Director of Iceland Drilling UK, where he was responsible for drilling projects in the United Kingdom, Ireland and Azores (Portugal). He obtained a B.Sc in Civil Engineering from the University of Iceland, Reykjavik, and a PhD in Construction Management from the University of Lund, Sweden. Mr. Margeirsson serves as an executive Board member for several organizations involved in geothermal energy, including; President of the Icelandic Geothermal Association; Chairman of Enex-China; Chairman of Exorka International; Vice-Chairman of Hitaveita Sudurnesja hf; Vice-Chairman of Shaanxi Green (China); and as a Board member of Iceland Drilling; Iceland America Energy (USA); and Enex.

Geysir Green Energy was formed in early 2007 with a mission to become a leading investor in geothermal power projects. Geysir is pursuing expansion through mergers and acquisitions and the development of new projects. Well capitalized to realize on its goals, Geysir has a suite of directors, management and technical staff with considerable experience in geothermal funding, development and operations. Geysir is investing in the development and construction of geothermal plants, acquiring interests in geothermal plants currently owned by power utilities and participating in the privatization of energy companies in various parts of the world.

"We are very pleased to be able to draw upon the considerable geothermal expertise of Mr. Margeirsson and his colleagues," said Kenneth MacLeod, President and CEO of Western GeoPower. "His knowledge of power plant design, construction and operations will be particularly relevant throughout the development phase of our Unit 1 power plant at The Geysers Geothermal Field in California."

"Our team at Geysir Green Energy looks forward to working with Western GeoPower to optimize the potential of Western GeoPower's current projects in the United States and Canada," said Mr. Margeirsson. "We are also well-positioned to support Western GeoPower in acquiring and developing additional projects."

The Company has granted Mr. Margeirsson 300,000 incentive stock options to purchase capital stock of the Company at a price of $0.30 per share for a period of five years under the stock option plan.

Corporate Overview

Western GeoPower Corp. is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, baseload electricity generation. The Company is developing the 25.5 Megawatt (net) geothermal power plant at The Geysers Geothermal Field in Sonoma County, California, United States. The Company is also developing the South Meager Geothermal Project in British Columbia, Canada.

On behhalf of Western GeoPower Corp.

Kenneth MacLeod, President & CEO

Cautionary Note Regarding Forward-Looking Statements

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above that reflect the Company's expectations and projections about its future results. The Company has tried whenever possible to identify these forward-looking statements which include but are not limited to, words such as "anticipates," believes," "estimates," "expects," "plans," "intends," "potential," and similar expressions. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The Company disclaims any obligation or intention to update or to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. This news release is not for dissemination in the United States of America or to United States of America news services.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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